Colorado Business Council Inc
- Assets
- $75.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 11/2011
- Data as of
- 12/2023
- EIN
- 84-1379229
Organization Overview
Colorado Business Council Inc is located in Denver, CO. The organization was established in 2011. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Business Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Colorado Business Council Inc generated $129.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $137.6k during the year ending 12/2023. While expenses have increased by 5.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROGRAM EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aj Shaikh Chair | 10 | $0 | |
Eric Mindyykowski Membership / Chair Elect | 4 | $0 | |
Brian Ellis At Large | 4 | $0 | |
Chris Callanan Government Affairs | 4 | $0 | |
Roger Reed EA Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,323 |
| Total Program Service Revenue | $32,104 |
| Membership dues | $67,026 |
| Investment income | $60 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $855 |
| Total Revenue | $129,368 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,302 |
| Professional fees and other payments to independent contractors | $9,448 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $380 |
| Other expenses | $76,207 |
| Total expenses | $137,587 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,250 |
| Other assets | $0 |
| Total assets | $75,250 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,250 |